S2976Referred to Committee

HIRE Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-10-06
Introduced
0
Cosponsors
S
ⓘ
Type

Sponsor

Bernie Moreno
Bernie Moreno
Republican · OH · Senator
Votes with party: 75.1% (853 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$1,210k

Full profile: /officials/M001242

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2025-10-06

Source: Congress.gov

Plain-English Summary

The HIRE Act would provide tax incentives to employers who hire unemployed workers, typically offering tax credits when companies bring on people who have been out of work for an extended period. This policy aims to encourage businesses to expand their workforce during economic downturns by reducing the tax burden on new hires. The bill would primarily benefit both job-seeking workers looking to return to employment and companies looking to expand their payroll at lower cost.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.